Pinnacle Entertainment to Purchase President Casinos Notes
LAS VEGAS (PRESS RELEASE) — Pinnacle Entertainment (NYSE: PNK) today said it has entered into an agreement with members of the creditors’ committee of unsecured creditors in the President Casinos Inc. bankruptcy proceeding to make a tender offer for all the outstanding 13% senior exchange notes and 12% notes of President Casinos.
Related Casino News:
- Pinnacle Entertainment Agrees to Purchase Notes of President Casinos and Offers to Purchase Related Claims
- Pinnacle completes purchase of President casino
- Pinnacle purchases President Riverboat Casino
- Pinnacle begins purchase of President Casinos’ debt
- Pinnacle buys St. Louis riverboat casino
- President Casinos, Inc. Enters into Agreement with Pinnacle Entertainment, Inc.
- Pinnacle offers to buy President Casinos debt
- Pinnacle to Buy President Casinos’ Debt
- Casino company purchases land in Baton Rouge
- Pinnacle buys $74 million of President’s debt
- Harrah’s, Pinnacle in deal for Gulf Coast casinos
- Harrah’s, Pinnacle Swap Casinos
Do you know that:
- The first games that we would recognize as modern roulette were introduced in Paris casinos around the end of the 18th century. In the mid 19th century the single zero game was invented in France, this reduced the casino's edge thereby increasing the odds of the player.
- The most significant forms of illegal gambling in the United States are numbers, betting with bookmakers or bookies, and sports pools or sports cards.
- 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
2005: Las Vegas celebrates one illustrious century on May 15. - Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
RSS feed
